Price for Cumin Seeds, Crushed or Ground in Serbia - 2023
Contents:
- Price for Cumin Seeds, Crushed or Ground in Serbia (CIF) - 2022
- Price for Cumin Seeds, Crushed or Ground in Serbia (FOB) - 2022
- Imports of Cumin Seeds, Crushed or Ground in Serbia
- Exports of Cumin Seeds, Crushed or Ground in Serbia
Price for Cumin Seeds, Crushed or Ground in Serbia (CIF) - 2022
In 2022, the average import price for cumin seeds, crushed or ground amounted to $4,873 per ton, with a decrease of -7.9% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 344%. Over the period under review, average import prices hit record highs at $16,138 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,151 per ton), while the price for India ($2,867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+15.0%), while the prices for the other major suppliers experienced a decline.
Price for Cumin Seeds, Crushed or Ground in Serbia (FOB) - 2022
In 2022, the average export price for cumin seeds, crushed or ground amounted to $9,797 per ton, rising by 41% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The export price peaked at $10,643 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($25,222 per ton), while the average price for exports to Montenegro totaled $7,020 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.0%).
Imports of Cumin Seeds, Crushed or Ground in Serbia
After three years of growth, overseas purchases of cumin seeds, crushed or ground decreased by -97.6% to 346 kg in 2022. Over the period under review, imports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 239% against the previous year.
In value terms, cumin seeds, crushed or ground imports shrank dramatically to $1.7K in 2022. Overall, imports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 235% against the previous year.
Import of Cumin Seeds, Crushed or Ground in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.0 | 7.2 | 1.4 | 1.1 | -35.0% |
India | 6.7 | 25.6 | 15.8 | 0.4 | -60.9% |
China | N/A | N/A | N/A | 0.2 | 0% |
Syrian Arab Republic | N/A | 0.5 | 53.8 | N/A | 10660.0% |
Egypt | N/A | 2.1 | 6.2 | N/A | 195.2% |
Others | 0.1 | 0.7 | N/A | N/A | 600.0% |
Total | 10.8 | 36.1 | 77.1 | 1.7 | -46.0% |
Top Suppliers of Cumin Seeds, Crushed or Ground to Serbia in 2022:
- Turkey (152.0 kg)
- India (143.0 kg)
- China (50.0 kg)
Exports of Cumin Seeds, Crushed or Ground in Serbia
In 2022, approx. 59 kg of cumin seeds, crushed or ground were exported from Serbia; waning by -81.4% on 2021 figures. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 574% against the previous year. As a result, the exports attained the peak of 317 kg, and then contracted dramatically in the following year.
In value terms, cumin seeds, crushed or ground exports reduced markedly to $578 in 2022. Over the period under review, exports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 with an increase of 612% against the previous year. As a result, the exports attained the peak of $2.2K, and then dropped rapidly in the following year.
Export of Cumin Seeds, Crushed or Ground in Serbia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Montenegro | 552 | 310 | 955 | 351 | -14.0% |
Bosnia and Herzegovina | N/A | N/A | 89.0 | 227 | 155.1% |
Germany | N/A | N/A | 1,162 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 552 | 310 | 2,206 | 578 | 1.5% |
Top Export Markets for Cumin Seeds, Crushed or Ground from Serbia in 2022:
- Montenegro (50.0 kg)
- Bosnia and Herzegovina (9.0 kg)
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